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The $46 billion payday financing industry is with in for a blow that is big The $46 billion payday financing industry is all about to suffer a big blow. The buyer Financial Protection Bureau’s launch of brand brand brand new lending that is payday is imminent. The newest guidelines could split straight straight down on […]
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CFPB Problems Amendments to Payday, Car Title, and Certain High-Cost Installment Loans Rule NATIONWIDE CREDIT UNION MANAGEMENT 1775 Duke Street, Alexandria, VA 22314 Dear Panels of Directors and Ceos: On July 22, 2020, the customer Financial Protection Bureau issued a last guideline (starts brand new screen) amending elements of the Payday, car Title, and Certain […]
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Student Loan Forgiveness: financial obligation Statistics The U.S. Department of Education circulated the newest data for general public solution loan forgiveness: At the time of December 31, 2018, 53,749 education loan borrowers submitted 65,500 applications for general public solution loan forgiveness. Of this total, roughly 58,000 applications were prepared. Another 7,200 applications are pending. Of […]